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Ashley owned a segregated fund that he purchased for $45,000 with a guaranteed amount of 85%. When he passed away suddenly this year, the market

Ashley owned a segregated fund that he purchased for $45,000 with a guaranteed amount of 85%. When he passed away suddenly this year, the market value of the fund was $45,000. What is his death benefit? $0 $45,000 $3,250 $38,250

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